Legal & General Group Plc (LON:LGEN) insider John Kingman bought 598 shares of the business’s stock in a transaction dated Tuesday, May 4th. The shares were bought at an average cost of GBX 275 ($3.59) per share, for a total transaction of £1,644.50 ($2,148.55).
LGEN stock traded down GBX 2 ($0.03) during trading on Tuesday, hitting GBX 270.40 ($3.53). The company had a trading volume of 10,296,012 shares, compared to its average volume of 11,508,318. The company has a fifty day moving average price of GBX 280.68 and a two-hundred day moving average price of GBX 258.09. Legal & General Group Plc has a fifty-two week low of GBX 176.30 ($2.30) and a fifty-two week high of GBX 299.20 ($3.91). The company has a market cap of £16.14 billion and a P/E ratio of 10.64. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 761.47.
The business also recently disclosed a dividend, which will be paid on Thursday, May 27th. Shareholders of record on Thursday, April 15th will be paid a dividend of GBX 12.64 ($0.17) per share. This is a positive change from Legal & General Group’s previous dividend of $4.93. This represents a yield of 4.48%. The ex-dividend date is Thursday, April 15th. Legal & General Group’s dividend payout ratio is currently 0.69%.
A number of research firms have commented on LGEN. Berenberg Bank reaffirmed a “hold” rating and set a GBX 315 ($4.12) price objective on shares of Legal & General Group in a research note on Friday, March 26th. Shore Capital restated an “under review” rating on shares of Legal & General Group in a research note on Wednesday, March 10th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Legal & General Group currently has a consensus rating of “Hold” and a consensus price target of GBX 271.57 ($3.55).
Legal & General Group Company Profile
Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in four segments: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI).
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